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Press Release

Mantrasys Awarded Software Product Development Contract

Will provide a turnkey solution to the company's primary product

Mantrasys on Tuesday announced a software development partnership with Health-care product company based in Birmingham, AL. Under this partnership MantraSys will provide a turnkey solution to the company's primary product. These solutions will use Mantrasys's mSource methodology and will cover all phases of the software development cycle - all the way from competitive analysis and requirements to implementation. Mantra team will develop an entire new application that will replace company's current dated 6 year old product. New product will be developed in Microsoft.NET technology with SQL Server database. It will be a feature rich windows application that will have a 2-way link to the cloud for reporting and Business Intelligence (BI) functionality. Company plans to roll out the first version of this product in late summer to its 2000+ users from all over the world.

"We are very excited about this partnership. Over the past few years Mantra has developed cutting edge applications for health-care companies and this partnership basically allows us to leverage our domain knowledge and global delivery model capabilities to provide best value to our partner," said Hemant Panse, CEO of Mantrasys. "Mantrasys delivers unique value for smaller businesses what large IT service providers cannot because of their size and non-practical scale of economics. On the other hand, with changes in business environment, offshore-only companies cannot deliver to US customers directly because of their location and lack of understanding of customer requirements. Mantra bridges this gap by providing quality consulting, proximity, working very closely with its customers and delivers superior results through strategic partnerships."

Mantra's approach to Strategic Outsourcing is relationship based, technology oriented, delivery focused and knowledge centered. The underlying philosophy speaks for enhancing value and ensuring customer delight. It is this philosophy and the commitment of Mantra's management that has resulted in enticing diverse organizations enters into long-term partnership with Mantra, and thereby successfully reaping the consequent rich rewards.

The value addition and strategic advantages derived out of this outsourcing partnership with Mantra is well recognized by organizations.

- An integrated service when it comes to offshore strategic outsourcing. It acts as a one-stop-shop for all the customers' requirements.

- Choice of delivery and pricing models that suit the customers' requirements.

- Performance based contracting, ensuring mitigated risks to the customers.

- Accountable to the customers and always delivers what is promised.

- Cultural diversity necessary for successful outsourcing. Well positioned from technology perspective, understands IT and business goals, share values, and information the same way the customer does.

- Believes in creating and protecting IP (Intellectual Property) of its clients with strong commitment.

- State-of-the-art infrastructure with business continuity and disaster recovery mechanism that reduces the risk of its customers substantially. The risks & threats are mitigated with the help of Usage & Administration Guidelines, Security Policies & Procedures, Backup Policies & Procedures, Emergency Procedures, Regular Maintenance, and System Audits.

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.NETDJ News Desk monitors Microsoft .NET and its related technologies, including Silverlight, to present IT professionals with news, updates on technology advances, business trends, new products and standards, and insight.